FBI warns of massive ATM ‘cash-out’ heist that could soon steal millions
The FBI has warned banks that a group of criminals might be planning a large-scale ‘ATM cash-out’ after receiving a tip from an unknown source.
The FBI has recently warned banks that a group of criminals might be planning a large-scale ‘ATM cash-out’ that could steal millions of dollars.
“The FBI has obtained unspecified reporting indicating cybercriminals are planning to conduct a global Automated Teller Machine (ATM) cash-out scheme in the coming days, likely associated with an unknown card issuer breach and commonly referred to as an ‘unlimited operation’,” reads a confidential alert, reported by the cybersecurity blog KrebsOnSecurity, that the FBI shared with banks last week.
In the potential attack, criminals would first install malware on a payment card processor or bank network to gain access to card numbers and other information. They’d then use this access to remove fraud controls on ATMs, such as withdrawal limits. Finally, the group of criminals would use ‘clone cards’—plastic cards with customized magnetic strips—to withdraw money from ATMs in person at a predetermined time, likely on the weekend when banks are closed.
“Historic compromises have included small-to-medium size financial institutions, likely due to less robust implementation of cyber security controls, budgets, or third-party vendor vulnerabilities,” the alert read. “The FBI expects the ubiquity of this activity to continue or possibly increase in the near future.”
In July, the KrebsOnSecurity blog broke a story “about an apparent unlimited operation used to extract a total of $2.4 million from accounts at the National Bank of Blacksburg in two separate ATM cashouts between May 2016 and January 2017.”
Another unlimited operation hit India’s Cosmos Bank just this weekend when criminals withdrew millions of dollars from ATMs in 29 countries in a two-hour timeframe.
“During the malware attack, a proxy switch was created and all the fraudulent payment approvals were passed by the proxy switching system,” the bank said.
So, how should bank customers protect themselves?
“They should be signed up for fraud alerts on their account,” Paul Benda, senior vice president of risk and cybersecurity policy at the American Bankers Association, told USA Today. “They should be monitoring their accounts for activity, and they should look for any unusual activity. If they see anything they should report it. A bank would much rather hear about a potential fraudulent charge that turns out to be something that you don’t remember buying versus not hearing about that at all.”
International poker champion Liv Boeree teaches decision-making for Big Think Edge.
One way to limit clutter is by being mindful of your spending.
- Overbuyers are people who love to buy — they stockpile things as a result. These are individuals who are prone to run out of space in trying to store their stuff and they may even lose track of what — and how much of what — they have.
- One way overbuyers can limit their waste, both money and space wise, is by storing items at the store, and then buy them when they really need them.
- Underbuyers tend to go to extraordinary lengths to not buy things. They save money and do fewer errands, however, they often make do with shabby personal items. They may also, when they finally decide to go out to buy a product, go without entirely because the item may no longer be available.
Tracking project establishes northern Argentina is wintering ground of Swainson's hawks
- Watch these six dots move across the map and be moved yourself: this is a story about coming of age, discovery, hardship, death and survival.
- Each dot is a tag attached to the talon of a Swainson's Hawk. We follow them on their very first migration, from northern California all the way down to Argentina.
- After one year, only one is still alive.
Discovered: destination Argentina
Young Swainson's hawks were found to migrate to northern Argentina
The Buteo swainsoni is a slim, graceful hawk that nests from the Great Plains all the way to northern California.
It feeds mainly on insects, but will also prey on rodents, snakes and birds when raising their young. These learn to fly about 45 days after hatching but may remain with their parents until fall migration, building up flying skills and fat reserves.
A common sight in summer over the Prairies and the West, Swainson's hawks disappear every autumn. While it was assumed they migrated south, it was long unclear precisely where they went.
A group of researchers that has been studying raptors in northern California for over 40 years has now established exactly where young Swainson's hawks go in winter. The story of their odyssey, summarised in a 30-second clip (scroll down), is both amazing and shocking.
Harnessing the hawks
A Swainson's hawk, with tracking device.
The team harnessed six Swainson's hawks in July, as they were six weeks old and just learning to fly. The clip covers 14 months, until next August – so basically, the first year of flight.
Each harness contains a solar-powered tracker and weighs 20 grams, which represents just 3% of the bird's body weight. To minimise the burden, only females were harnessed: as with most raptors, Swainson's hawk females generally are bigger than males.
The first shock occurs just one month (or about 2.4 seconds) from the start of the clip: the first dot disappears. The first casualty. A fledgling no more than two months old, who never made it further than 20 miles from its nest.
By that time, the remaining five are well on their way, clustering around the U.S.-Mexico border in Texas. Swainson's hawks usually travel at around 40 mph (65 km/h) but can almost double that speed when they're stooping (i.e. dive down, especially when attacking prey).
There's a strong genetic component to migration. As usual, the Germans have nice single word to summarise this complex concept: Zugunruhe ('tsook-n-roowa'), literally: 'migration unrest' (1). It denotes the seasonal urge of migratory animals – especially birds – to get on their way. Zugunruhe exhibits especially as restless behaviour around nightfall. The number of nights on which it occurs is apparently higher if the distance to be travelled is longer.
The birds may have the urge to go south, but genetics doesn't tell them the exact route. They have to find that out by trial and error. Hence the circling about by the specimens in this clip: they're getting a sense of where to find food and which direction to go. Their migratory paths will be refined by experience – if they're lucky enough to survive that long.
Each bird flies solo: their paths often strongly diverge, and if they seem to meet up occasionally, that's just an illusion: even when the dots are close together, they can still be dozens if not hundreds of miles apart.
Panama snack stop
The Central American isthmus is a major bird migration corridor
They generally follow the same route as it is the path of least resistance: follow mountain ranges, stay over land. Like most raptors, Swainson's hawks migration paths are land-based: not just so they can roost at night, but mainly to benefit from the thermals and updrafts to keep them aloft. That reduces the need to flap wings, and thus their energy spend – even though the trip will take longer that way.
As this clip demonstrates, the land-migration imperative means the Central American isthmus is a hotspot for bird migration. Indeed, Panama and Costa Rica are favourite destinations for bird watchers, when the season's right. A bit to the north, Veracruz in Mexico is another bird migration hotspot.
It's thought most hawks don't eat at all on migration. This clip shows an exception to that rule: on the way back, one bird takes an extended stopover of a couple of weeks in Panama, probably spending its time there foraging for food.
So, when they finally arrive in northern Argentina, after 6 to 8 weeks' migration, the hawks are pretty famished. Until a few decades ago, they fed on locusts. For their own reasons, local farmers have been getting rid of those. The hawks now concentrate on grasshoppers, and basically anything else that's edible.
For first-time visitors, finding what they need is not easy. Three of the five dots go dark. These birds probably died from starvation. But two birds thrive: they roam the region until winter rears its head in South America, and it's time to head back north again, where summer is getting under way.
Both dots make it back across the border, but unfortunately, right at the end of the clip, one of the surviving two birds expires.
Harsh, but not unusual
This old lady is 27 years old, but still nesting.
While a one-in-six survival rate may seem alarmingly harsh, it's not that unusual. First-year mortality for Swainson's Hawks is between 50% and 80%. Disease, starvation, predators and power lines – to name just a few common causes of death - take out a big number.
Only 10% to 15% of the young 'uns make it past their third or fourth year into adulthood, but from then on, annual survival rates are much better: around 90%. Adult Swainson's Hawks can expect to live into their low teens. There's one documented example of a female Swainson's Hawk in the wild who was at least 27 years old (and still nesting!)
The Californian population of Swainson's Hawks plummeted by about 90% at the end of last century but is now again increasing well. The monitoring project that produced this clip has been going for about four decades but is seeing its funding dry up. Check them out and consider supporting them (see details below).
Migration trajectory of B95, the 'Moonbird'.
Not all migrating birds shun the ocean. Here's an incredible map of an incredible migration path that's even longer than that of the Swainson's hawks.
In February 1995, a red knot (Calidris canutus rufa) in Tierra del Fuego (southern Argentina) was banded with the tag B95. That particular bird, likely born in 1993, was recaptured at least three times and resighted as recently as May 2014, in the Canadian Arctic.
B95 is more commonly known as 'Moonbird', because the length of its annual migration (app. 20,000 miles; 32,000 km) combined with its extreme longevity (if still alive, it's 25-26 years old now) means its total lifetime flight exceeds the distance from the Earth to the Moon.
As many other shorebirds do, the red knot takes the Atlantic Flyway hugging the coastline and crossing to South America via the ocean.
B95 has become the poster bird of conservationists in both North and South America. A book titled Moonbird: A Year on the Wind with the Great Survivor B95 (2012) received numerous awards, B95 has a statue in Mispillion Harbor on Delaware Bay and the City of Rio Grande on Tierra del Fuego has proclaimed B95 its natural ambassador.
Perhaps one day the nameless Swainson's Hawks in this clip, fallen in service of their ancestral instincts – against the odds of human increasing interference – will receive a similar honour.
Strange Maps #965
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(1) 'Zug' is a wonderfully polyvalent German word. It can mean: a train, a chess move, a characteristic, a stroke, a draft (of a plan), a gulp (of air), a drag (from a cigarette), a swig (from a bottle), and more.
A new study has investigated who watched the ISIS beheading videos, why, and what effect it had on them
This is the first study to explore not only what percentage of people in the general population choose to watch videos of graphic real-life violence, but also why.
In the summer of 2014, two videos were released that shocked the world. They showed the beheadings, by ISIS, of two American journalists – first, James Foley and then Steven Sotloff. Though the videos were widely discussed on TV, print and online news, most outlets did not show the full footage. However, it was not difficult to find links to the videos online.
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